Jordan v. Parker (Opinion)
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In this dispute over ownership of some ranchland the Supreme Court affirmed the judgment of the court of appeals ruling that a grantor conveys an expectancy interest only through a clear manifestation of the grantor's intent to do so, holding that the court of appeals did not err.
Father devised his estate, including Cottonwood Ranch, to Widow for life with the remainder upon her death to his children, including Son. Father granted Widow power to sell estate property and to redirect a child's remainder interest to others. Widow, a co-owner of the ranch, later conveyed her separate interest in the ranch to Son and daughter. Thereafter, while Widow was still living, Son conveyed his "right, title and interest in and to" the ranch to his daughters. At issue was whether Son gifted a remainder interest in Father's estate property when he conveyed his present interest in the same property without expressly reserving any remainder interest. Applying the rule set forth in Clark v. Gauntt, 161 S.W.2d 270 (Tex. [Comm'n Op.] 1942), the Supreme Court held that Son did not convey his remainder interest in the estate property.
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